The “Earning Trifecta” of Network Marketing

Hey guys! I was just sitting here and thinking about the industry and came up with a concept that explains the three ways I’ve made money in network marketing. I call it the “Earning Trifecta”:

I. Earn While You Learn
It is highly unlikely that the average network marketer will reach a 6-figure income based off the knowledge and mindset that they possess at the time they join. This is simply because the vast majority of this world is not conditioned for success. So in order to be successful in direct sales or network marketing, you have to change your mindset and increase your skillset.

Most network marketers won’t make enough money when they first get started to cover all their business expenses (autoship, tools, phone bill, gas, meetings, etc.). So its really advantageous to have another income stream that allows you to cover the cost of your business plus provide you with the funds you need to do your marketing.

Well this is where educational marketing comes into place. This can take the form of a video series or e-book. For example, Magnetic Sponsoring is an e-book that teaches its readers how to attract people into their business instead of having to chase them.

By reading this e-book, you will increase your skillset and give yourself a foot up on your competition. And you can also profit from it by promoting it to others! Many e-books, like Magnetic Sponsoring, are associated with a affiliate program where you can earn commissions from the sales generated while promoting the e-book…all while generating leads for your business.

II. Earn While You Recruit
When it comes to prospecting, qualification is an extremely important part of the process. Qualification allows you to determine whether your prospect is serious about being in business or just kicking tires.

One way to qualify your prospect is to sell them an educational product, such as Magnetic Sponsoring. By selling an educational product to your prospects, you provide them a tool they can use to increase their own skillset. The more knowledge they have, the better the prospect they become. And the simple fact that they are willing to invest in their education reveals that they are indeed serious about building a business.

III. Earn While You Earn
As you build your business and start creating positive cashflow, you can still continue to sell educational products that qualify your prospects to work with you.

And once your business is in the positive, the income from promoting the e-book now becomes a profit and can become a second income stream!

And that, my friends, is the Earning Trifecta.

Your Partner In Success,
Nate Falconer

P.S. If you would like to check out the same educational product I have used to add qualified prospects to my business, click HERE

Related Blogs